+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Railroads - Global Market Trajectory & Analytics

  • ID: 992783
  • Report
  • July 2020
  • Region: Global
  • 279 Pages
  • Global Industry Analysts, Inc
1 of 4

FEATURED COMPANIES

  • Russian Railways
  • Sncf
  • Union Pacific Corporation
  • MORE
Global Railroads Market to Reach $796.2 Billion by 2027

Amid the COVID-19 crisis, the global market for Railroads estimated at US$581.6 Billion in the year 2020, is projected to reach a revised size of US$796.2 Billion by 2027, growing at aCAGR of 4.6% over the period 2020-2027. Passenger Rail, one of the segments analyzed in the report, is projected to record 4.8% CAGR and reach US$496.4 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Rail Freight segment is readjusted to a revised 4.2% CAGR for the next 7-year period.

The U.S. Market is Estimated at $157.7 Billion, While China is Forecast to Grow at 7.1% CAGR

The Railroads market in the U.S. is estimated at US$157.7 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$161.6 Billion by the year 2027 trailing a CAGR of 7.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.5% and 4.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.8% CAGR.We bring years of research experience to this 18th edition of our report. The 279-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others:
  • Russian Railways
  • SNCF
  • The Central Japan Railway Company
  • Union Pacific Corporation

The global analysis and forecast periods covered within the report are 2020-2027 (Current & Future Analysis) and 2012-2019 (Historic Review). Research estimates are provided for 2020, while research projections cover the period 2021-2027.
Note: Product cover images may vary from those shown
2 of 4

FEATURED COMPANIES

  • Russian Railways
  • Sncf
  • Union Pacific Corporation
  • MORE

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Global Competitor Market Shares

Railroads Competitor Market Share Scenario Worldwide (in %): 2019 & 2028

Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

TABLE 1: Railroads Global Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
TABLE 2: Railroads Global Retrospective Market Scenario in US$ Million by Region/Country: 2012-2019
TABLE 3: Railroads Market Share Shift across Key Geographies Worldwide: 2012 VS 2020 VS 2027
TABLE 4: Passenger Rail (Type) World Market by Region/Country in US$ Million: 2020 to 2027
TABLE 5: Passenger Rail (Type) Historic Market Analysis by Region/Country in US$ Million: 2012 to 2019
TABLE 6: Passenger Rail (Type) Market Share Breakdown of Worldwide Sales by Region/Country: 2012 VS 2020 VS 2027
TABLE 7: Rail Freight (Type) Potential Growth Markets Worldwide in US$ Million: 2020 to 2027
TABLE 8: Rail Freight (Type) Historic Market Perspective by Region/Country in US$ Million: 2012 to 2019
TABLE 9: Rail Freight (Type) Market Sales Breakdown by Region/Country in Percentage: 2012 VS 2020 VS 2027

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES

Market Facts & Figures

US Railroads Market Share (in %) by Company: 2019 & 2025

Market Analytics
TABLE 10: United States Railroads Market Estimates and Projections in US$ Million by Type: 2020 to 2027
TABLE 11: Railroads Market in the United States by Type: A Historic Review in US$ Million for 2012-2019
TABLE 12: United States Railroads Market Share Breakdown by Type: 2012 VS 2020 VS 2027

CANADA

TABLE 13: Canadian Railroads Market Estimates and Forecasts in US$ Million by Type: 2020 to 2027
TABLE 14: Canadian Railroads Historic Market Review by Type in US$ Million: 2012-2019
TABLE 15: Railroads Market in Canada: Percentage Share Breakdown of Sales by Type for 2012, 2020, and 2027

JAPAN

TABLE 16: Japanese Market for Railroads: Annual Sales Estimates and Projections in US$ Million by Type for the Period 2020-2027
TABLE 17: Railroads Market in Japan: Historic Sales Analysis in US$ Million by Type for the Period 2012-2019
TABLE 18: Japanese Railroads Market Share Analysis by Type: 2012 VS 2020 VS 2027

CHINA

TABLE 19: Chinese Railroads Market Growth Prospects in US$ Million by Type for the Period 2020-2027
TABLE 20: Railroads Historic Market Analysis in China in US$ Million by Type: 2012-2019
TABLE 21: Chinese Railroads Market by Type: Percentage Breakdown of Sales for 2012, 2020, and 2027

EUROPE

Market Facts & Figures

European Railroads Market: Competitor Market Share Scenario (in %) for 2019 & 2025

Market Analytics
TABLE 22: European Railroads Market Demand Scenario in US$ Million by Region/Country: 2020-2027
TABLE 23: Railroads Market in Europe: A Historic Market Perspective in US$ Million by Region/Country for the Period 2012-2019
TABLE 24: European Railroads Market Share Shift by Region/Country: 2012 VS 2020 VS 2027
TABLE 25: European Railroads Market Estimates and Forecasts in US$ Million by Type: 2020-2027
TABLE 26: Railroads Market in Europe in US$ Million by Type: A Historic Review for the Period 2012-2019
TABLE 27: European Railroads Market Share Breakdown by Type: 2012 VS 2020 VS 2027

FRANCE

TABLE 28: Railroads Market in France by Type: Estimates and Projections in US$ Million for the Period 2020-2027
TABLE 29: French Railroads Historic Market Scenario in US$ Million by Type: 2012-2019
TABLE 30: French Railroads Market Share Analysis by Type: 2012 VS 2020 VS 2027

GERMANY

TABLE 31: Railroads Market in Germany: Recent Past, Current and Future Analysis in US$ Million by Type for the Period 2020-2027
TABLE 32: German Railroads Historic Market Analysis in US$ Million by Type: 2012-2019
TABLE 33: German Railroads Market Share Breakdown by Type: 2012 VS 2020 VS 2027

ITALY

TABLE 34: Italian Railroads Market Growth Prospects in US$ Million by Type for the Period 2020-2027
TABLE 35: Railroads Historic Market Analysis in Italy in US$ Million by Type: 2012-2019
TABLE 36: Italian Railroads Market by Type: Percentage Breakdown of Sales for 2012, 2020, and 2027

UNITED KINGDOM

TABLE 37: United Kingdom Market for Railroads: Annual Sales Estimates and Projections in US$ Million by Type for the Period 2020-2027
TABLE 38: Railroads Market in the United Kingdom: Historic Sales Analysis in US$ Million by Type for the Period 2012-2019
TABLE 39: United Kingdom Railroads Market Share Analysis by Type: 2012 VS 2020 VS 2027

SPAIN

TABLE 40: Spanish Railroads Market Estimates and Forecasts in US$ Million by Type: 2020 to 2027
TABLE 41: Spanish Railroads Historic Market Review by Type in US$ Million: 2012-2019
TABLE 42: Railroads Market in Spain: Percentage Share Breakdown of Sales by Type for 2012, 2020, and 2027

RUSSIA

TABLE 43: Russian Railroads Market Estimates and Projections in US$ Million by Type: 2020 to 2027
TABLE 44: Railroads Market in Russia by Type: A Historic Review in US$ Million for 2012-2019
TABLE 45: Russian Railroads Market Share Breakdown by Type: 2012 VS 2020 VS 2027

REST OF EUROPE

TABLE 46: Rest of Europe Railroads Market Estimates and Forecasts in US$ Million by Type: 2020-2027
TABLE 47: Railroads Market in Rest of Europe in US$ Million by Type: A Historic Review for the Period 2012-2019
TABLE 48: Rest of Europe Railroads Market Share Breakdown by Type: 2012 VS 2020 VS 2027

ASIA-PACIFIC

TABLE 49: Asia-Pacific Railroads Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
TABLE 50: Railroads Market in Asia-Pacific: Historic Market Analysis in US$ Million by Region/Country for the Period 2012-2019
TABLE 51: Asia-Pacific Railroads Market Share Analysis by Region/Country: 2012 VS 2020 VS 2027
TABLE 52: Railroads Market in Asia-Pacific by Type: Estimates and Projections in US$ Million for the Period 2020-2027
TABLE 53: Asia-Pacific Railroads Historic Market Scenario in US$ Million by Type: 2012-2019
TABLE 54: Asia-Pacific Railroads Market Share Analysis by Type: 2012 VS 2020 VS 2027

AUSTRALIA

TABLE 55: Railroads Market in Australia: Recent Past, Current and Future Analysis in US$ Million by Type for the Period 2020-2027
TABLE 56: Australian Railroads Historic Market Analysis in US$ Million by Type: 2012-2019
TABLE 57: Australian Railroads Market Share Breakdown by Type: 2012 VS 2020 VS 2027

INDIA

TABLE 58: Indian Railroads Market Estimates and Forecasts in US$ Million by Type: 2020 to 2027
TABLE 59: Indian Railroads Historic Market Review by Type in US$ Million: 2012-2019
TABLE 60: Railroads Market in India: Percentage Share Breakdown of Sales by Type for 2012, 2020, and 2027

SOUTH KOREA

TABLE 61: Railroads Market in South Korea: Recent Past, Current and Future Analysis in US$ Million by Type for the Period 2020-2027
TABLE 62: South Korean Railroads Historic Market Analysis in US$ Million by Type: 2012-2019
TABLE 63: Railroads Market Share Distribution in South Korea by Type: 2012 VS 2020 VS 2027

REST OF ASIA-PACIFIC

TABLE 64: Rest of Asia-Pacific Market for Railroads: Annual Sales Estimates and Projections in US$ Million by Type for the Period 2020-2027
TABLE 65: Railroads Market in Rest of Asia-Pacific: Historic Sales Analysis in US$ Million by Type for the Period 2012-2019
TABLE 66: Rest of Asia-Pacific Railroads Market Share Analysis by Type: 2012 VS 2020 VS 2027

LATIN AMERICA

TABLE 67: Latin American Railroads Market Trends by Region/Country in US$ Million: 2020-2027
TABLE 68: Railroads Market in Latin America in US$ Million by Region/Country: A Historic Perspective for the Period 2012-2019
TABLE 69: Latin American Railroads Market Percentage Breakdown of Sales by Region/Country: 2012, 2020, and 2027
TABLE 70: Latin American Railroads Market Growth Prospects in US$ Million by Type for the Period 2020-2027
TABLE 71: Railroads Historic Market Analysis in Latin America in US$ Million by Type: 2012-2019
TABLE 72: Latin American Railroads Market by Type: Percentage Breakdown of Sales for 2012, 2020, and 2027

ARGENTINA

TABLE 73: Argentinean Railroads Market Estimates and Forecasts in US$ Million by Type: 2020-2027
TABLE 74: Railroads Market in Argentina in US$ Million by Type: A Historic Review for the Period 2012-2019
TABLE 75: Argentinean Railroads Market Share Breakdown by Type: 2012 VS 2020 VS 2027

BRAZIL

TABLE 76: Railroads Market in Brazil by Type: Estimates and Projections in US$ Million for the Period 2020-2027
TABLE 77: Brazilian Railroads Historic Market Scenario in US$ Million by Type: 2012-2019
TABLE 78: Brazilian Railroads Market Share Analysis by Type: 2012 VS 2020 VS 2027

MEXICO

TABLE 79: Railroads Market in Mexico: Recent Past, Current and Future Analysis in US$ Million by Type for the Period 2020-2027
TABLE 80: Mexican Railroads Historic Market Analysis in US$ Million by Type: 2012-2019
TABLE 81: Mexican Railroads Market Share Breakdown by Type: 2012 VS 2020 VS 2027

REST OF LATIN AMERICA

TABLE 82: Rest of Latin America Railroads Market Estimates and Projections in US$ Million by Type: 2020 to 2027
TABLE 83: Railroads Market in Rest of Latin America by Type: A Historic Review in US$ Million for 2012-2019
TABLE 84: Rest of Latin America Railroads Market Share Breakdown by Type: 2012 VS 2020 VS 2027

MIDDLE EAST

TABLE 85: The Middle East Railroads Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
TABLE 86: Railroads Market in the Middle East by Region/Country in US$ Million: 2012-2019
TABLE 87: The Middle East Railroads Market Share Breakdown by Region/Country: 2012, 2020, and 2027
TABLE 88: The Middle East Railroads Market Estimates and Forecasts in US$ Million by Type: 2020 to 2027
TABLE 89: The Middle East Railroads Historic Market by Type in US$ Million: 2012-2019
TABLE 90: Railroads Market in the Middle East: Percentage Share Breakdown of Sales by Type for 2012,2020, and 2027

IRAN

TABLE 91: Iranian Market for Railroads: Annual Sales Estimates and Projections in US$ Million by Type for the Period 2020-2027
TABLE 92: Railroads Market in Iran: Historic Sales Analysis in US$ Million by Type for the Period 2012-2019
TABLE 93: Iranian Railroads Market Share Analysis by Type: 2012 VS 2020 VS 2027

ISRAEL

TABLE 94: Israeli Railroads Market Estimates and Forecasts in US$ Million by Type: 2020-2027
TABLE 95: Railroads Market in Israel in US$ Million by Type: A Historic Review for the Period 2012-2019
TABLE 96: Israeli Railroads Market Share Breakdown by Type: 2012 VS 2020 VS 2027

SAUDI ARABIA

TABLE 97: Saudi Arabian Railroads Market Growth Prospects in US$ Million by Type for the Period 2020-2027
TABLE 98: Railroads Historic Market Analysis in Saudi Arabia in US$ Million by Type: 2012-2019
TABLE 99: Saudi Arabian Railroads Market by Type: Percentage Breakdown of Sales for 2012, 2020, and 2027

UNITED ARAB EMIRATES

TABLE 100: Railroads Market in the United Arab Emirates: Recent Past, Current and Future Analysis in US$ Million by Type for the Period 2020-2027
TABLE 101: United Arab Emirates Railroads Historic Market Analysis in US$ Million by Type: 2012-2019
TABLE 102: Railroads Market Share Distribution in United Arab Emirates by Type: 2012 VS 2020 VS 2027

REST OF MIDDLE EAST

TABLE 103: Railroads Market in Rest of Middle East: Recent Past, Current and Future Analysis in US$ Million by Type for the Period 2020-2027
TABLE 104: Rest of Middle East Railroads Historic Market Analysis in US$ Million by Type: 2012-2019
TABLE 105: Rest of Middle East Railroads Market Share Breakdown by Type: 2012 VS 2020 VS 2027

AFRICA

TABLE 106: African Railroads Market Estimates and Projections in US$ Million by Type: 2020 to 2027
TABLE 107: Railroads Market in Africa by Type: A Historic Review in US$ Million for 2012-2019
TABLE 108: African Railroads Market Share Breakdown by Type: 2012 VS 2020 VS 2027

IV. COMPETITION

Total Companies Profiled: 141

Note: Product cover images may vary from those shown
3 of 4

FEATURED COMPANIES

  • Russian Railways
  • Sncf
  • Union Pacific Corporation
  • MORE
The economic downturn negatively impacted the global rail industry, resulting in a decline in the demand for rail transportation. In particular, freight volumes witnessed a drastic fall of up to 30%. Such conditions adversely affected the rail supply industry, particularly across the US, CIS and Europe. In view of the economic crisis, global governments announced stimulus packages as well as rescue plans to revive the economy. A significant portion of these packages was aimed at the transportation sector, and are hence providing favorable opportunities for the rail transport sector. Such packages are particularly useful for projects (such as rolling stock) wherein public sector rail operators are key players and hence are dependent on government funding for their projects.

Explosive population growth, rapid economic development, growing urbanization, and increasing traffic congestion is driving governments to focus on the railways sector to address the needs of the transportation sector. Rail transportation holds an edge as it is more energy efficient than air, water, and road transportation, which is significant considering the rising fuel prices and increasing energy shortage. The growing demand for energy efficient and green transportation technologies is expected to favor rail transportation sector. These factors are in turn expected to drive the demand for rolling stock, systems and services.

Railways sector requires continuous investments for the modernization or replacement of existing rolling stock. Increasing competition among operators, increasing ridership, and the need to enhance passenger comfort are driving the demand for replacement of aging fleets. In addition to infrastructure replacement, there also exists a need for modernizing signaling equipment in order to improve network capacity and safety, a requirement that is particularly high in North America and Europe. In view of the enormous installed base, replacement, service and renewal are major driving factors for the global rail supply market.

Growth in the global passenger railcars market would be driven by expanding economies, growing environmental concerns, and the need to address congestion and noise caused by personal vehicles. Europe is expected to continue holding ground as the largest regional market for passenger railcars, followed by Asia-Pacific. Since Asia is a developing economy and also has the largest passenger-kilometer compared to other economies, Asian countries are expected to fare better in the rail market. In particular, high speed trains in China, Japan and Korea, as well as the metro trains in various Indian cities are expected to boost passenger rail market in the Asian region. Between 2010 and 2015, China is expected to emerge as the largest market for high speed trains. On the other hand, North American passenger rail market is likely to grow at a slower pace due to the higher demand for personal cars in the region.

© Global Industry Analysts, Inc., USA.
Note: Product cover images may vary from those shown
4 of 4
  • Russian Railways
  • Sncf
  • the Central Japan Railway Company
  • Union Pacific Corporation
Note: Product cover images may vary from those shown
Adroll
adroll